Tech Company Financing Transactions
Orbit Fab Funding Round
Asymmetry Capital Management, Audacious Ventures and Lockheed Martin joined a $7 million funding round for Orbit Fab. The round was announced on 9/9/2021.
Transaction Overview
Company Name
Announced On
9/9/2021
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Orbit Fab says orbital refueling will be the bedrock of the burgeoning new space economy, in which goods and spacecraft will need to be transferred from one orbit to another (a maneuver that's extremely fuel-intensive), or to build out supply chains to return resources to Earth.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
274 Shotwell St.
San Francisco, CA 94110
USA
San Francisco, CA 94110
USA
Phone
Undisclosed
Website
Email Address
Overview
Orbit Fab is working with a network of partners to remove barriers for commercial use of on-orbit materials. Our focus is the products and services that have immediate demand. Our vision is to establish an on-orbit fuel depot, materials stockpile, and trading market.
Management Team
Title
Name
Email & Social
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We do our best to document every notable VC transaction. All VC database entries on this site come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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